Press release BoxID: 490242 (PIRONET NDH AG)
  • Obenhauptstraße 12
  • 22335 Hamburg
  • Contact person
  • +49 (2203) 935 30-3951

Pironet NDH AG: Sale of shares in xplace GmbH

(PresseBox) (Cologne, ) Pironet NDH AG announces the sale of its 24.93% share in xplace GmbH to Media-Saturn-Holding GmbH, the parent company of the previous co-partner MS E-Business Concepts & Service GmbH. The sale will take place with immediate effect. The price amounts 3 million euro. In addition, a claim by Pironet NDH AG to retained earnings from fiscal year 2011 amounting to up to EUR 150,000 was agreed.